Germany: Honeycomb Energy's second overseas factory is located in Brandenburg

Hive Energy held a press conference in the German state of Brandenburg, announcing that it will In the Obersprewald-Lausitz district of De-Lausitz, a cell factory for the European market will be built. This will be the second overseas factory planned and constructed by Honeycomb Energy after the construction of the packing factory in Heusweiler, Saarland. It is also the first electric core factory.

Hive Energy's new plant in the Rauchhammer region of the state of Brandenburg is located on the site of the wind turbine manufacturing plant of global wind power giant Vestas in the region. Honeycomb Energy said that it will upgrade the factory according to the battery enterprise standards, and the planning plan is already being formulated. The company is currently actively negotiating various matters with the Brandenburg State Ministry of Economic Affairs, Labour, and Energy and the relevant authorities of the Rauchhammer region.

Honeycomb Energy has already built its first plant in Saarland, Germany in November 2020, and will build its second plant in Brandenburg this time.

As for why Brandenburg was chosen for the second project in Europe, Hive Energy pointed out that in the region around Rauchhammer and throughout Brandenburg, a gathering place for the innovative development of electric vehicles has been forming in recent years. Many companies in the supply chain and battery life cycle are located in the region – such as global materials giant BASF. Sive Energy entered into a partnership with BASF at the end of 2021 to work together on battery materials and their recycling.

According to the Honeycomb Energy Plan, the batteries produced in Rauchhammer in the future will be processed at the Pack plant in Hausweiler, Saarland, and carried on the vehicle, thereby creating synergies between the two bases. Rauchhammer's locational advantage also helps Honeycomb to serve current customer projects in a timely manner and to achieve its European capacity expansion goals more quickly.

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